Philip Pyle - May 24, 2021 Form 4 Insider Report for Gatos Silver, Inc. (GATO)

Role
VP of Expl & Chief Geologist
Signature
/s/ Adam Dubas, Attorney-in Fact for Philip Pyle
Stock symbol
GATO
Transactions as of
May 24, 2021
Transactions value $
-$85,900
Form type
4
Date filed
5/24/2021, 08:53 PM
Previous filing
May 12, 2021
Next filing
Jun 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATO Common Stock Options Exercise $70K +10K +15.1% $7.00 76.2K May 24, 2021 Direct
transaction GATO Common Stock Sale -$156K -10K -13.12% $15.59 66.2K May 24, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GATO Employee Stock Option (Right to Buy) Options Exercise $0 -10K -25% $0.00 30K May 24, 2021 Common Stock 10K $7.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.39 to $15.76, inclusive. The reporting person undertakes to provide to Gatos Silver, Inc. (the "Issuer"), any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
F2 These options were granted on February 8, 2015 and are fully vested.